Hedge Funds Down 0.35% In March, Still Up For The Quarter: Eurekahedge
Hedge funds closed the first quarter on a sour note, losing 0.35% according to the Eurekahedge April report, but February gains were still enough that the Eurekahedge Hedge Fund Index was up 0.87% for 1Q14, beating the MSCI World index which was up 0.67% last quarter. Hedge fund managers posted $970 million in preliminary performance-based losses last month, compared to $26.8 billion in performance gains in February. Net asset inflows were still positive but . . .
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